Contents of the Financial Statements

for the Period Ended 31 May 2021

Company Information

for the Period Ended 31 May 2021

Balance sheet

As at 31 May 2021

The notes form part of these financial statements

Balance sheet continued

As at 31 May 2021

For the year ending 31 May 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Office equipment - 20% straight line

  Other accounting policies

  Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation. A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted.

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	1	1

Notes to the Financial Statements

for the Period Ended 31 May 2021

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 31 May 2021

4. Tangible assets

Notes to the Financial Statements

for the Period Ended 31 May 2021

5.Creditors: amounts falling due within one year note